Quote from: Amph on April 08, 2015, 03:08:07 PM

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Quote from: alani123 on April 07, 2015, 01:24:44 PM

BTW this thread seems to be more fitting in the mining speculation board.

I think it's speculating more on the impact on the space in general.

It's still quite a way out so I wouldn't want to guess what'll happen. There might be new generations of machinery or miners might go all out to cut costs such as setting up in places with geothermal energy etc.

I would've thought the market would've priced it in long before it happens but you never know.

Is defendly a big deal for farms and big mining operation, either they cut their power consumption and miner cost in halve or the are pretty much done.

They will be done IF btc price won't increase but it may happen and then boom.
But i'm sure smaller miners will have to stop if price won't atleast doule, even better triple! Wink

Also by these sentences you can already see that i belive bitcoin will rise after next halving.

Miners still make a profit at current prices with current hardware and current electricity costs. At least the miners having access to cheap mining equipment and big amounts of electricity. Many smaller miners will turn their equipment off when the halving occurs.

this could lead to a potentially 51%, if the price decrease too much and for much time, because at that point even large farm will turn off their miners, and only the largest farm will prevail resulting in the infamous 51% that we all know

Ha yeah, but I bet by now the big mines are smart enough to spread their hash rate across various pools so it doesn't appear as if their hashing power is under the control of a single entity...